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Indian Contract Act, 1872 Practice Test
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The Indian Contract Act of 1872 is a legal framework that regulates contracts in India and is applicable to all states except Jammu & Kashmir. It was first published on April 25, 1872, and has 266 sections. The act is based on English Common Law and has been amended several times to keep up with changing economic conditions.  The act defines a contract as an agreement that is enforceable by law. It also defines an agreement as every promise and every set of promises that form the consideration for each other. A valid contract is formed when certain essential elements are present,... Show more
Indian Contract Act, 1872 Practice Test
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25 Questions

1. Under which of the following bailee is not responsible on re-delivery to bailor without title in the Indian Contract Act, 1872?
2. An agreement in restraint of marriage under section 26 is:
3. The UNIDROIT principles expressly provide that in ascertaining the intention of parties, be it the subjective intention or the ‘reasonableness’ test, regard shall be had to which of the following circumstances:
I. Preliminary negotiation between the parties
II. Practices which the parties have established between themselves
III. The conduct of the parties subsequent to conclusion of the contract
IV. The nature and purpose of the contract
V. The meaning commonly given to terms and expressions in the trade concerned
VI. Usages
4. A, on board an English ship on the high seas, causes B to enter into an agreement by an act amounting to criminal intimidation under the Indian Penal Code (45 of 1860). A afterwards sues B for breach of contract in Calcutta
5. A’s estate is sold for arrears of revenue under the provisions of an Act of the Legislature, by which the defaulter is prohibited from purchasing the estate. B, upon an understanding with A, becomes the purchaser, and agrees to convey the estate to A upon receiving form him the price which B has paid.
6. The principle of quasi-estoppel or promissory estoppel more aptly called is that when one party to a contract in the absence of a fresh consideration agrees not to enforce his rights, an equity will be raised in favour of another party, but subject to the qualification that:
7. A contracts with B to repair B’s house. B neglects or refuses to point out to A the places in which his house requires repair.
8. Section 128 of the Indian Contract Act, 1872 explains the quantum of surety’s obligation:
9. Which of the following deals with agreements by way of wager, void in the Indian Contract Act, 1872?
10. Which of the following deals with liability of co-sureties bound in different sums in the Indian Contract Act, 1872?
11. Which of the following deals with reimbursement of person paying money due by another, in payment of which he is interested in the Indian Contract Act, 1872?
12. “Deed of cancellation of contract amounts to rescission of contract and any rescission must be only bilateral” This contention was held in case of:
13. In cases of refusal to perform by one party, the other party:
14. In which of the following cases it was held that the “Liability of guarantor is coextensive with that of principal debtors”:
15. A, B and C, as sureties for D, enter into three several bonds, each in a different penalty, namely, A in the penalty of 10,000 rupees, B in that of 20,000 rupees, C that of 40,000 rupees, conditioned for D’s duly accounting to E. D makes default to the extent of 40,000 rupees.
16. An obligation under a contract stands discharged:
17. A contractual provision security deposit in a commercial contract cannot be questioned:
18. Which of the following deals with “Continuing guarantee” in the Indian Contract Act, 1872?
19. Which of the following rights is/are not available to the agent:
20. Quasi or Constructive Contracts is one where an implied contract has also been applied to a class of obligations which are imposed or created by law without regard to the assent of the party bound:
21. When the consent to the contract is caused by coercion, the contract under section 19 is:
22. Reciprocal contract is:
23. To constitute a bailment, the actual or constructive possession of specific movable property (goods) must be vacated by:
24. Consent under section 13 means:
25. An agreement by way of wager under section 30 is:

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